HomeMy WebLinkAboutR-85-014711 1
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RESOLUTION NO.
A RESOLUTION ACCEPTING THE PROPOSAL OF
DELAHANTY & ASSOCIATES, INC., MAI
APPRAISER, FOR A FEE OF $4 , 700 PLUS
EXPERT WITNESS FEES OF $100 PER HOUR, TO
APRAISE, FOR THE PURPOSE OF ESTABLISHING
_
FAIR MARKET VALUE, 2 SQUARE BLOCKS OF
PROPERTY AND THE IMPROVEMENTS THEREON,
SAID PROPERTY LEGALLY DESCRIBED AS BLOCKS
59 AND 60, ALL IN NORTH MIAMI ESTATES
SUBDIVISION AS RECORDED IN PLAT BOOK 5 AT
PAGE 48; BOUNDED ON THE NORTH BY NW 37
STREET; WEST BY NW 13 AVENUE; SOUTH BY NW
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36 STREET; EAST BY NW 12 AVENUE;
ALLOCATING FUNDS TO COVER THE COST OF THE
APPRAISAL FROM COMMUNITY DEVELOPMENT
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BLOCK GRANT FUNDS.
WHEREAS, the Department of Economic Development and the
Allapattah Merchants Association are working together to
develop a community shopping center; and
WHEREAS, funds for the expenses involved in this
acquisition, including
appraisal
fees,
are available from
Communmity Development
Block Grant
Funds;
and
WHEREAS, appraisals to establish fair market value must
be obtained; and
WHEREAS, invitations to bid were sent to 23 appraisers
domiciled in Dade County, all of whom are members of the
American Institute of Appraisers; and
WHEREAS, 6 responses were received from the invitation
to bid; and
WHEREAS, the cost for the appraisal of the herein Blocks
59 and 60 will be paid from Community Development Block Grant
Funds; and
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WHEREAS, the proposal from Delahanty & Associates, Inc.,
was determined to be the bid most advantageous to the City at
a fee of $4,700 plus $100 per hour expert witness testimony
fee;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE
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Section 1. The proposal of Delahanty & Associates,
Inc. is hereby accepted for a fee of $4,700 plus expert
witness fees of $100 per hour, to appraise, for the purpose
of establishing fair market value, 2 square blocks of
property and the improvements thereon, said property legally
described as Blocks 59 and 60, all in North Miami Estates
Subdivision, as recorded in Plat Book 5 at Page 48; bounded
on the north by NW 37 Street; west by NW 13 Avenue; south by
NW 36 Street; east by NW 12 Avenue; with funds covering the
cost of the appraisal hereby allocated from Community
Development Block Grant Funds.
PASSED AND ADOPTED this 14 day of February , 1985.
Maurice A. Ferre
M A Y O R
ATTEST:
VY
. 0 IE
CLERK
PREPARED AND APPROVED BY:
C RIST99HER G. K RU
ASSISTANT CITY ATTORNEY
APPROVED AS.siC—FORM AND CORRECTNESS:
I
LUCIA A. WUG ERTY
CITY ATTORNEY
85-147
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CITY OF MIAMI. FLORIDA
29 INTER -OFFICE MEMORANDUM
TO: Randolph B. Rosencrantz DATE: February 4, 1985 FILE:
City Manager
SUBJECT: Allapattah Target Area
Appraisal Proposal
FROM: REFERENCES:
Carlos E. Garcia —
D i r ec f o r % ENCLOSURES:
Finance Departmen '
It is recommended that the City
Commission authorize the City Manager
to accept the proposal of Delahanty &
Associates, Inc., MAI Appraiser, for a
fee of $4,700 plus Expert Witness Fees
of $100 per hour, to appraise for the
purpose of establishing fair market
value Block 59 and 60 of North Miami
Estates, PB 5/48. Funds covering the
cost of the appraisal are provided from
Community Development Block Grant
funds.
The Department of Economic Development and the Allapattah
Merchants Association are working together to develop a community
shopping center.
Appraisal proposals were solicited from 23 MAI appraisers from
which 6 responses were received. Delahanty & Associates, Inc.,
submitted a bid of $4,700 and a time of 30 days to complete.
Their fee was the lowest.
Funds for expenses involved in appraisal fees and acquisition
costs are funded by Community Development Block Grant funds.
Property & Lease Management Division of the Finance Department
recommends that the appraisal proposal of Delahanty & Associates,
Inc., be accepted, thereby facilitating the start of this project.
CEG:AJA:NMW:amw
enc.
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